KPMG's audit scandal | Universal Music rejects a mega offer | The Astronaut Wears Prada

KPMG's global bosses have frozen partner exits at KPMG Australia to stop an exodus blowing up the entire audit season. Universal Music is sounding out a €1 billion bond sale… after one of its major backers sold his stake in the company. Prada is heading to the moon…by designing garments for NASA …

David Jones faces ASIC fine | Hasbro sells its characters' voices | Victoria’s Secret's angelic results

David Jones lost more than $95 million in 2025… and is being investigated for being six months late to report it. Hasbro, the mega toy company has launched a new unit to allow businesses to rent the AI voices of Optimus Prime, Mr. Monopoly and Peppa Pig. Victoria’s Secret’s shares have soared 50%…

Foxtel battling Nine for NRL takeover | Anthropic's $1.3 trillion IPO ambition | WiseTech cuts staff... then blocks them

Foxtel is making a $4 billion power play to kick Nine off the NRL.. and it's shopping for a free-to-air mate to make it happen. Anthropic has confidentially filed for an IPO at a $965 billion valuation USD. WiseTech told the world it’s replacing 2,000 employees with AI… then prevented some of its…

ACCC investigates Uber Eats | Enhanced Games fails the hype test | Temu hit with €200 million fine

The ACCC has opened a preliminary investigation into Uber Eats after claims of anti-competitive deals. The Enhanced Games has suffered 70% fall in its share price in the past three weeks…after promised to break world records and failing dismally. Temu has been hit with a €200 million fine by EU r…

Endeavour’s exits wineries after a big hangover | FIFA’s ticketing scandal | Oreo teams up with BTS

Endeavour Group, the owner of Dan Murphy, is selling off its wineries and axing 80% of its grape production. FIFA is being investigated for selling crazy-expensive World Cup tickets… and apparently creating fake demand to do it. Oreo is collabing with K-pop supergroup BTS… in the biggest partners…

NAB shifts jobs offshore | Aussie investors to join SpaceX | Ferrari's awkward EV launch

NAB is cutting jobs in Australia… while hiring up to 1000 new staff in India and Vietnam. SpaceX has added an Australian retail investment platform to its IPO plans.. in what could be the biggest IPO in history. Ferrari has unveiled its first fully electric car and its own marketing chief is tell…

GYG's US burrito unravels | Optus = For sale | Oura rings the IPO bell

Guzman y Gomez has shut its eight Chicago stores and abandoned its US expansion…and its share price skyrocketed on the news. Singtel has not-so-quietly put a "For Sale" sign on part of Optus… Australia's second-biggest telco. Oura Ring has confidentially filed for an IPO, as the smart ring maker …

Webjet hits a new low | The Big 4 banks' double standards | Murdoch acquires Vox Media

Webjet’s shares have nosedived to record lows ... .after its travel bookings have ground to a halt. Australia's major banks are hiking home loans after every RBA rate hike… but the interest rate on savings accounts isn’t following. James Murdoch’s company, Lupa Systems has just bought Vox Media f…

ASX200 telco falls 63% on merger news | Birkenstock's luxury slip | Ethical Everlane joins Shein

ASX-listed Tuas has seen its shares fall 63% after Singapore's regulator warned that its $1.5 billion merger is on the ropes. Birkenstocks are falling… falling more than 14%.... and hitting record lows…as its luxury status is being called into question. Everlane, the brand that built its whole id…

Zip Co forced to change its name | Temple & Webster pulls back discounts | On x Zendaya

Zip Co has lost a decade-long High Court battle over its own name and will be forced to rebrand its entire Australian business. Temple & Webster has raised its prices and pulled back on promotions after warning that its earnings will be 30% below market expectations. Swiss sneaker brand On has ra…